Rada will change the budget code for an agreement with the United States

The money received will be credited to the Special State Budget Fund and transferred to the Recovery Fund.

Verkhovna Rada supported Bill No. 13256 Based on the amendments to the budget code for implementing an agreement with minerals along with the United States. This was announced by MP Yaroslav Zheleznyak on Telegram on Tuesday, May 13

According to him, for the first reading, 286 representatives voted for the first reading, with a reduction in the deadline for submission.

Ukraine’s contribution consists of half of the funds received after entering the strength of the agreement from:

• Annuities for mining (oil, gas, gas condensate and everything indicated in the appendix A to the agreement) from new licenses;

• release of new special resolutions for subsoil use;

• The sale of the state’s part of the products under new selves in dividing the products.

“This money will be credited to the Special State Budget Fund and, by the decision of the Chief Manager (perhaps the Ministry of Economy), has been moved to the Recovery Fund,” Zheleznyak wrote.

Remember that on the night of May 1, the Ukraine and the United States signed an agreement on creating a combined investment fund of restoring with equal participation of both parties.

On May 8, Verkhovna Rada approved the subsoil agreement between Ukraine and the USA – the document was supported by 338 representatives of the people from all fractions and groups.

And on May 10, President Vladimir Zelensky signed a law on strengthening the subsoil agreement with the United States.

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